OPPAGA Government Program Summary

What is the purpose of the department?

The purpose of the Florida Department of Financial Services is to provide assistance to Floridians on a range of consumer-driven topics from insurance and financial education to fire prevention and safety. Among the department's statutory responsibilities are to perform the state's accounting the fiscal auditing functions; manage the state Treasury; operate the state’s risk management program; manage the deferred compensation program for state employees; license and oversee insurance agents and agencies and investigate insurance fraud; ensure that employers provide workers' compensation coverage; collect and return unclaimed property belonging to state residents; regulate cemeteries and funeral homes; and train and certify firefighters, implement fire prevention and control measures, and investigate arson.

What activities are performed by the department?

The department's activities include the following.

Accounting and Auditing pays all the state’s bills, manages state payroll, processes payments for goods and services used by state agencies, promotes financial accountability throughout state government by providing information about its fiscal soundness, and investigates allegations of waste, fraud and abuse of taxpayers’ money.
Administration oversees administrative supports for the department including human resources, purchasing and contracts, emergency management and safety, mail and printing services, and property and facility management.
Consumer Services offers a variety of information and resources to educate consumers regarding numerous financial and insurance topics, including life insurance and annuities, mediation, homeowners insurance, automobile insurance, health insurance, and long-term care insurance.
Criminal Investigations conducts investigations of fraudulent and criminal acts including insurance fraud, workers' compensation fraud, public assistance fraud, theft or misuse of state funds, and arson.
Funeral, Cemetery, and Consumer Services licenses individuals and entities in the death care industry, regulates the activities of licensees, and provides information regarding the death care industry.
Insurance Agent and Agency Services licenses insurance agents, representatives, and related entities; and investigates alleged violations of Florida’s insurance laws.
Rehabilitation and Liquidation plans, coordinates, and administers the receivership processes on behalf of the department pursuant to the orders of the receivership court.
Risk Management ensures that participating state agencies are provided quality workers’ compensation, liability, federal civil rights, and property insurance coverage at reasonable rates, and provides loss prevention services to state agencies and universities for managing risk.
State Fire Marshal protects life, property, and the environment from the devastation of fire; approves Florida's firefighter training curricula; provides training to emergency services providers; and certifies fire service members.
Treasury ensures that cash and other financial assets held within the Treasury are accurately accounted for, effectively invested, and protected; and to assist state employees with tools to help them prepare for financial security during their retirement years.
Unclaimed Property acts as custodian for financial assets unknown, lost, left inactive, unclaimed, or abandoned by its owner, but never takes legal ownership of the property. The division uses various methods, including database searches, in an effort to notify owners of their property.
Workers' Compensation assists injured workers, employers, health care providers, and insurers in following the Florida workers’ compensation rules and laws.

How are these activities funded?

The funding information listed below is provided by Transparency Florida. Additional funding information can be obtained on the State of Florida Fiscal Portal or by contacting the department.

Fiscal Year: 2026-27

Title	Fund	Dollars	Positions
FINANCIAL SERVICES, DEPARTMENT OF
PROGRAM: FINANCIAL ACCOUNTABILITY FOR PUBLIC FUNDS
	FLORIDA PLANNING ACCOUNTING AND LEDGER MANAGEMENT	70,902,989	91.00
	RECOVERY AND RETURN OF UNCLAIMED PROPERTY	8,865,489	66.00
	STATE FINANCIAL INFORMATION AND STATE AGENCY ACCOUNTING	28,747,022	163.00
PROGRAM: FINANCIAL SERVICES COMMISSION
OFFICE OF FINANCIAL REGULATION
	EXECUTIVE DIRECTION AND SUPPORT SERVICES	13,345,702	21.00
	FINANCE REGULATION	14,644,779	94.00
	FINANCIAL INVESTIGATIONS	4,844,309	40.00
	LEGAL SERVICES	4,839,472	35.00
	SAFETY AND SOUNDNESS OF STATE BANKING SYSTEM	13,280,545	94.00
	SECURITIES REGULATION	10,438,905	79.00
OFFICE OF INSURANCE REGULATION
	COMPLIANCE AND ENFORCEMENT - INSURANCE	56,355,897	282.00
	EXECUTIVE DIRECTION AND SUPPORT SERVICES	4,995,111	34.00
PROGRAM: FIRE MARSHAL
	COMPLIANCE AND ENFORCEMENT	7,097,099	65.00
	FIRE MARSHAL ADMINISTRATIVE AND SUPPORT SERVICES	98,303,122	20.00
	PROFESSIONAL TRAINING AND STANDARDS	9,591,966	24.00
PROGRAM: INVESTIGATIVE AND FORENSIC SERVICES
	FIRE AND ARSON INVESTIGATIONS	23,861,016	136.00
	FORENSIC SERVICES	1,566,705	10.00
	INSURANCE FRAUD	35,485,927	209.00
	OFFICE OF FISCAL INTEGRITY	1,519,395	13.00
	PUBLIC ASSISTANCE FRAUD	10,824,464	79.00
PROGRAM: LICENSING AND CONSUMER PROTECTION
	CONSUMER ASSISTANCE	19,371,026	115.00
	FUNERAL AND CEMETERY SERVICES	3,087,976	27.00
	INSURANCE COMPANY REHABILITATION AND LIQUIDATION	7,245,425	1.00
	LICENSURE, SALES APPOINTMENT AND OVERSIGHT	12,764,580	114.00
PROGRAM: OFFICE OF CHIEF FINANCIAL OFFICER AND ADMINISTRATION
	CONSUMER ADVOCATE	1,061,111	5.00
	EXECUTIVE DIRECTION AND SUPPORT SERVICES	406,565,613	140.00
	INFORMATION TECHNOLOGY	32,635,067	104.00
	INFORMATION TECHNOLOGY - FLAIR INFRASTRUCTURE	23,685,721	57.00
	LEGAL SERVICES	22,155,759	84.00
PROGRAM: STATE PROPERTY AND CASUALTY CLAIMS
	STATE SELF-INSURED CLAIMS ADJUSTMENT	102,803,256	116.00
PROGRAM: TREASURY
	DEPOSIT SECURITY	3,185,689	19.00
	STATE FUNDS MANAGEMENT AND INVESTMENT	6,114,550	26.50
	SUPPLEMENTAL RETIREMENT PLAN	2,067,106	12.00
PROGRAM: WORKERS' COMPENSATION
	WORKERS' COMPENSATION	36,946,257	272.00
TOTAL		1,099,199,050	2,647.50

Source: www.transparencyflorida.gov

Where can I find information on the department's performance?

Information on the department’s performance may be found in its Annual Report.

Additional Resources

OPPAGA Reports and Presentations
A complete list of OPPAGA reports and presentations is available on our website.

Other Reports
Florida Department of Financial Services, Audits and Reports
Florida Department of Financial Services, Consumer Guides
Florida Department of Financial Services, Workers' Compensation Reports
Division of Rehabilitation and Liquidation 2024-2025 Annual Report, Florida Department of Financial Services, 2025
Division of Risk Management Fiscal Year 2025 Annual Report, Florida Department of Financial Services, 2025
Division of Treasury Annual Report 2025, Florida Department of Financial Services, 2026
A complete list of Auditor General reports is available on its website.

Websites of Interest
Florida Insurance Council
Government Finance Officers Association

Applicable Statutes

Chapters 17, 624, and 655 and ss. 20.121 and 215.5586, Florida Statutes

Department Contact Information

Florida Department of Financial Services Contact Website
Florida Department of Financial Services
200 East Gaines Street
Tallahassee, Florida 32399-0322
(850) 413-3089
Website